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US Hearing Device Patents for November-December 2017

HHTM welcomes back Dr. Holly Hosford-Dunn to Hearing Economics this week to bring readers the latest update in her popular patent series that has been tracking patent activity in the hearing industry since 2012   The patent series took a 6 month vacation and resumes today with 73 patents which were awarded in the fourth…

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http://www.drudge.com/news/172783/krugman-dont-underestimate-gop-incompetence

Audiologists Not Immune to Dunning-Kruger Effect

When everyone is thinking alike, then somebody isn’t thinking.  Gen. George Patton If you’re the smartest person in the room, find another room. Michael Dell (Forbes magazine) “As God has said, and I think he’s right…”  Margaret Thatcher   Dunning and Kruger were the first to systematically investigate unconscious incompetence and report their findings in the…

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Not all States are Equal When It Comes to Costco and Audiologists

Last post in the Costco series initiated rudimentary analyses of hearing-related market growth in the US by comparing aggregate variables in the top 25 states ranked by Costco presence (“Top” states) versus the lower 25 states (“Bottom” states).  Top states exceeded Bottom states, in adjusted per capita measures (feature image).  Compared to Bottom states, the Top…

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https://www.bls.gov/oes/current/oes291181.htm

Supply and Demand of Audiologists in the US, part 3

by Kelli Marquardt, BS (applied mathematics and economics)  Post 1 and post 2 described the model, identification strategy, and data. Today’s post summarizes the results of the estimation from a regression equation using year fixed effects.1,2 Specifically, a two stage linear regression analysis for supply and demand is used: Stage 1: Estimates of wage by…

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https://www.bls.gov/oes/current/oes291181.htm

Supply and Demand of Audiologists in the US, Part 2

by Kelli Marquardt, BS (applied mathematics and economics)   On-going research on determinants of the labor market for audiologists is summarized in this series. The model was developed in Part 1. Data, data sources, and summary statistics are described in today’s post. Analyses used a panel data set with observations for each US state and…

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